2025-04-03T23:52:41+00:00 2024-12-09 440160260 Forvis Mazars LLP 2700 Post Oak Blvd Ste 1500 Houston TX 77056 990 2024-01-01 742974396 Valley Baptist Service Corporation VALL 9563353044 1267 North Stuart Place Road Harlingen TX 78552 Kimberly Anderson FINANCE DIRECTOR 9563353044 2025-04-04 true Amanda Maya P01067777 7134994600 2025-02-04 2024 2025-03-06 01:10:19Z X Kimberly Anderson 1267 NORTH STUART PLACE ROAD HARLINGEN TX 78552 2433005 false X WWW.VBLF.ORG X 2000 TX TO GOVERN ALL ACTIVITIES OF SUPPORTED ORGANIZATION, SPECIFICALLY OVERSIGHT OF CONTRACT MANAGEMENT. X 5 5 0 5 0 0 0 0 0 0 2261724 3796 3281 3796 2265005 0 1874788 0 0 0 0 0 0 0 158725 81178 158725 1955966 -154929 309039 1634048 0 401667 0 1232381 0 X TO GOVERN ALL ACTIVITIES OF SUPPORTED ORGANIZATION, SPECIFICALLY OVERSIGHT OF CONTRACT MANAGEMENT. false true 1939730 1874788 TO GOVERN ALL ACTIVITIES OF SUPPORTED ORGANIZATION, SPECIFICALLY OVERSIGHT OF CONTRACT MANAGEMENT. 1939730 true false false false false false false false false false false false false false false false false false false false false false false false false false false true false false false false false false false false false false false false false false true false false true true false false false true 3 0 true 0 false false false false false false false false false false false false X 5 5 false false false false false false false true true false false false true true true true true true false false false false X KIMBERLY ANDERSON 9563353044 1267 NORTH STUART PLACE ROA HARLINGEN TX 78552 X ARNIE GONZALEZ VICE CHAIRMAN 1.0 0.0 X X 0 0 0 BOB SHEPARD CHAIRMAN 1.0 0.0 X X 0 0 0 JACK ABBOTT SECRETARY 1.0 0.0 X X 0 0 0 LAWRENCE DAHM MD DIRECTOR 1.0 0.0 X 0 0 0 MICHAEL LAMON DIRECTOR 1.0 0.0 X 0 0 0 JUDY QUISENBERRY EXECUTIVE DIRECTOR 2.0 0.0 X 0 0 0 KIMBERLY ANDERSON FINANCE DIRECTOR 3.0 0.0 X 0 0 0 0 0 0 0 false false false 0 0 0 0 0 0 0 29724 29724 0 0 2400000 168000 0 2232000 2232000 2232000 0 LEGAL SETTLEMENT 900099 3281 3281 0 0 0 0 3281 2265005 0 0 2265005 1874788 1874788 18004 14403 3601 0 9975 7980 1995 0 1413 1130 283 27233 21786 5447 0 91 73 18 0 342 274 68 0 68 54 14 0 4589 3671 918 0 17051 13641 3410 0 OTHER EXPENSES 1447 1158 289 0 BUSINESS MEALS 965 772 193 0 0 0 0 1955966 1939730 16236 0 68786 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 4451 0 0 0 0 0 0 0 0 0 0 0 1560811 0 1634048 0 66667 0 0 0 0 0 0 0 0 0 0 0 0 0 185000 0 150000 0 401667 0 X 1232381 0 0 0 0 0 0 0 0 0 1232381 0 1634048 0 X 309039 42517 -1583937 X false false false X X 1 VB MEDICAL HOLDINGS 770634227 3 false 0 0 1 0 0 false false false false false true false false false false false false false false false true true false X false true Schedule A, Part IV, Section A, Line 1 Supported Orgs Listed By Name VALLEY BAPTIST SERVICE CORPORATION IS THE PARENT ORGANIZATION OF ALL SUPPORTED ORGANIZATIONS LISTED IN PART I OF SCHEDULE A. Schedule A, Part IV, Section A, Line 6 Support to other supported orgs VALLEY BAPTIST SERVICE CORPORATION PROVIDED GRANTS TO THE VALLEY BAPTIST LEGACY FOUNDATION (74-1936869) TO BE USED BY VALLEY BAPTIST LEGACY FOUNDATION TO PROVIDE HEALTHCARE RELATED GRANTS TO THE COMMUNITY. THESE GRANTS WERE PROVIDED IN FURTHERANCE OF THE PURPOSE OF THE SUPPORTED ORGANIZATIONS OF VALLEY BAPTIST SERVICE CORPORATION. Schedule A, Part IV, Section E, Line 3a Power To Appoint/Elect Majority of Officer/Director/Trustee THIS ENTITY, PRIOR TO DISSOLUTION, WAS PART OF A SYSTEM THAT INCLUDED ITS SUPPORTED ORGANIZATION, VB MEDICAL HOLDING, HOSPITALS, AND MULTIPLE ENTITIES. Schedule A, Part IV, Section E, Line 3b Substantial Direction Over Policies/Programs/Activities AS THE SOLE MEMBER OF VB MEDICAL HOLDINGS, VALLEY BAPTIST SERVICE CORPORATION, EXERCISES A SUBSTANTIAL DEGREE OF DIRECTION OVER ITS SUPPORTED ORGANIZATION VB MEDICAL HOLDINGS, BY RETAINING THE POWER TO APPROVE THE FOLLOWING ITEMS: (1) BOARD ELECTION & REMOVAL, (2) MERGER,CONSOLIDATION, DISSOLUTION OR LIQUIDATION, (3) DISPOSAL OF ASSETS HAVING A FAIR MARKET VALUE IN EXCESS OF $25,000, (4) INCUR DEBT, OR (5) AMEND OR RESTATE THE GOVERNING DOCUMENTS OF THE CORPORATION. Schedule A, Part IV, Section E, Line 3c Organization have the power to regularly appoint or elect a THE POWER TO ELECT OR REMOVE (WITH OR WITHOUT CAUSE) ANY MEMBER OF THE BOARD OF DIRECTORS IS RESERVED FOR VALLEY BAPTIST SERVICE CORPORATION,THE SOLE MEMBER OF VB MEDICAL HOLDINGS. true VALLEY BAPTIST LEGACY FOUNDATION 267 NORTH STUART PLACE ROAD HARLINGEN TX 78552 741936869 1874788 BOOK VALUE VBSC TERMINATION 1 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. FUNDS GIVEN TO VALLEY BAPTIST LEGACY FOUNDATION, AS PART OF VALLEY BAPTIST SERVICE CORPORATIONS DISSOLUTION, ARE FOR THE USE OF VALLEY BAPTIST LEGACY FOUNDATION'S CHARITABLE PURPOSE. CASH 2024-11-30 1037 BOOK VALUE 741936869 VALLEY BAPTIST LEGACY FOUNDATION 1267 NORTH STUART PLACE ROAD HARLINGEN TX 78552 501(C)(3) BOA INVESTMENT 2024-11-30 1806111 BOOK VALUE 741936869 VALLEY BAPTIST LEGACY FOUNDATION 1267 NORTH STUART PLACE ROAD HARLINGEN TX 78552 501(C)(3) BOA INVESTMENT UNREALIZED GAIN 2024-11-30 42518 BOOK VALUE 741936869 VALLEY BAPTIST LEGACY FOUNDATION 1267 NORTH STUART PLACE ROAD HARLINGEN TX 42518 501(C)(3) INTEREST RECEIVABLE 2024-11-30 2201 BOOK VALUE 741936869 VALLEY BAPTIST LEGACY FOUNDATION 1267 NORTH STUART PLACE ROAD HARLINGEN TX 78552 501(C)(3) OTHER RECEIVABLES 2024-11-30 2266 BOOK VALUE 741936869 VALLEY BAPTIST LEGACY FOUNDATION 1267 NORTH STUART PLACE ROAD HARLINGEN TX 78552 501(C)(3) Form 990, Part III, Line 3 Significant changes in program services VALLEY BAPTIST SERVICE CORPORATION HAS CEASED ALL OPERATIONS AND IS TERMINATED AS OF 12/09/2024. Form 990, Part VI, Line 11b Review of form 990 by governing body THE ORGANIZATION ENGAGES AN OUTSIDE ACCOUNTING FIRM TO PREPARE FORM 990. ONCE PREPARED, THE FORM IS REVIEWED BY THE ORGANIZATION'S INTERNAL ACCOUNTANTS AND GOVERNING BOARD PRIOR TO FILING. Form 990, Part VI, Line 12c Conflict of interest policy THE BOARD REVIEWS AND RESOLVES TRANSACTIONS, IF ANY, AS THEY ARISE THROUGHOUT THE YEAR. Form 990, Part VI, Line 19 Required documents available to the public THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICIES, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. Form 990, Part XI, Line 9 Other changes in net assets or fund balances NET ASSETS TRANSFER UPON DISSOLUTION - -1583937; VB MEDICAL HOLDINGS 1267 NORTH STUART PLACE ROAD HARLINGEN TX 78552 770634227 ASSET HOLDING TX 501(c)(3) 3 VB SVC CORP true false false false false false false false false false false false false false false false true true false false Schedule R, Part II, Column (b) LINE 1 PRIMARY ACTIVITY: VB MEDICAL HOLDINGS IS EXEMPT AS A HOSPITAL/HEALTHCARE FACILITY, BUT IT HAS SHIFTED FROM ITS EXEMPT PURPOSE OF "HEALTHCARE" TO "ASSET HOLDING" AS IT IS GOING THROUGH THE PROCESS OF WINDING DOWN OPERATIONS.